Randy Alcorn Quotes

About two-thirds of bachelor's degree holders borrow to go to school, and on average they're graduating with more than $26,000 in debt.

Since most American students cannot simply pay their full tuition out of pocket, financing a college education often takes the form of loans, both private and from the government.

It seems everyone knows a college degree is important, but few have a plan to keep it affordable.

High school seniors should receive help in how to think about a student loan and how to make sure that the education bought with the loan offers good prospects for repayment.

Financial Aid Office (FAO) administrators are scrambling to educate students on repaying loans, but a disparity in knowledge persists.

I worked while in high school and college so that I could pay for school. I also had loans.

For me, if I wasn't going to get a full scholarship to go to school, I was going to go to the Army or Navy so I could avoid debt.

Kids should go to college, but they should go to the best school they can afford to get through with minimal or no debt. That might mean going to a community college or an inexpensive local state school. Whatever it takes.

I have a difference with Senator [Bernie] Sanders, who promises free college, which, if you look at the fine print, depends really on governors coming up with a lot of the money, which I don't think is a particularly wise bet. And I have a plan to help people pay down their student debt, because I want to unleash the entrepreneurial energy that young people have.

I was telling some of my friends that I really wish college did pay because then you have an opportunity to have fun in college and enjoy college life and have a comfortable living.

I couldn't afford to go to an out-of-state school.

The cost of a college degree has skyrocketed out of control.

So I think there's a potential to make tuition free at public universities as part as young people doing national service. I think that is the most realistic option.

If lenders are forced to scale back student lending because private student loans are subject to bankruptcy discharge, many students will be denied access to higher education.

I went off to the University of California, Santa Barbara, on a boatload of loans, sights set on becoming a doctor or a lawyer.

I promise not to take my thousands of dollars in student loan debt and move to Mexico. At least not right away.

I am disappointed that Senator Ayotte has voted repeatedly for deep cuts in Pell Grants that would make college more expensive for thousands of New Hampshire students and voted against allowing young people to refinance their student loans.

Many graduates, moving often in the first years of their post-college life, simply forget to update their addresses with Harvard, and so bills go unanswered and uncollected. This is called a 'technical default.'

I think our model is sustainable. If all schools operated like Liberty and charged what we charge, there wouldn't be a student loan problem in America.

I believe that a university education should be free as it is unfair on people who cannot afford to pay for it.

Colleges take kids' money. It's that simple.

People think that a label is going to get you to the top, and of course they're going to get you to the top. That's what they're good for. They're giving you this money but you have to pay all that back.

Better educating our college students on the risks of high student debt and helping them to find alternatives to taking out student loans would help make the difference to their financial future.

The Millennial Generation is being crushed by soaring college costs and student loan debt, and as lawmakers, we must find solutions to address affordability and flexibility in higher education.

We can help families buy their homes and invest in their educations.